KYLE CHASTAIN CPA, CMA, MCITP

GULFPORT, FL *****

813-***-**** acyntm@r.postjobfree.com

OBJECTIVE

CFO position – Full Time, interim or part time - that will utilize my leadership and expertise in improving company profitability, reducing risks and growing companies.

SUMMARY OF QUALIFICATIONS

Licensed CPA (FL & GA), CMA, MBA, 20+ years of experience Fortune 100 and family owned businesses.

Proven record of turnarounds, financial, operational improvements that improve control and profitability.

EXPERIENCE

Food Manufacturing Company, Tampa, Florida. January 2016 – Current.

CFO - Turnaround of food manufacturing company that had lost greater than $500,000 every year for the past 5 years.

Company Leadership - Formulated the company's future direction and lead tactical initiatives that resulted in a $750,000 increase in profits and EBITDA on only $7 Million in sales. Lead company to first ever profitable year.

Banking relationships – Repaired relationships and obtained a 40% increase in the Line of Credit.

Insurance coverage – restructured insurance coverage to increase coverage and reduce costs.

External Auditors - maintain relations with external auditors, cut audit expense by 20%.

Legal and Regulatory - Ensure compliance with all legal and regulatory requirements.

Board of Directors – Reported all company financial, HR and production operations.

Internal Controls - Construct and monitor reliable control systems.

Treasury - Cash forecasts and management of cash, AR, AP and Line of Credit.

GAAP Accounting – Instituted accounting controls to highlight opportunities for improvement.

Cost Accounting – Implemented cost accounting product cost and profit margins.

Key Performance Indicators - Developed performance measures that support profit initiatives.

Human Resources – Personally selected / hired key management and operations positions.

Employee Benefit Plans – Minimized costs and maximized benefits.

Production and Labor – scheduled production and labor to cut costs and increase on-time delivery.

Purchasing – lead purchasing initiatives that resulted in $300,000 in annual savings.

PROFESSIONAL BUSINESS INTELLIGENCE, Tampa, Florida. June 2010 – December 2015.

CFO / Financial Consultant

CFO, Turnaround Consultant for family owned businesses with sales between $5M – $40M of sales

Company Leadership - increased profits from breakeven to $1.2 Million net income in 1 year.

Strategic Leadership in all areas of company performance.

GAAP Accounting processes, Cost Accounting systems, Human Resources

Banking, Insurance and Auditor relationships, Human Resources and personnel management.

Purchasing, inventory control, production reporting and production scheduling.

Refinanced all company debt, reduced interest costs by $90,000/yr. and increased LOC by $500,000.

MOSAIC CORPORATION, Lithia, Florida – $1.5B annual sales. August 2008 – June 2010.

Consultant through Taylor White

Cost Analysis / Financial Reporting for projects with annual expenditures of $70 Million.

Designed reporting system to improve efficiency, reduce costs, and minimize business risks.

Reengineered SAP project management systems for $500 Million of FAS 143 future liability.

Developed purchasing reporting metrics to support $1.2Billion of annual purchases.

SCHWARZ PARTNERS PACKAGING, Lakeland, Florida. February 2005 – August 2008

Regional Controller: 3 manufacturing, 5 distribution centers, $70 Million annual sales. 300+ employees.

Lead turnaround of company from ($500,000) loss to $1,200,000 profit in 8 months.

Reduced Inventories 20%, reduced AR DSO by 20 days, increased cash flow $450,000.

Renegotiation of lender covenants - reduced borrowing rates and saved $120,000/yr.

Increased plant throughput 20% through process changes - without any capital expenditures.

ILLINOIS TOOL WORKS, Bradenton Florida. December 2003 – February 2005

Controller: 2 company (Florida & California) division of $11B Global Company

Directed all aspects of finance and accounting including cash management, GL, payroll, purchasing, budgeting, and forecasts.

AFFILIATED COMPUTER SERVICES INC, Orlando Florida. November 2001 – October 2003

Regional Controller: 240-employee division of $6B Global Outsourcing Company

Performed all financial management duties for multiple location organization.

Implemented costing system and negotiated contracts that led to record profits.

SIEMENS WESTINGHOUSE POWER GENERATION CORP, Orlando, FL. June 1997 – October 2001

Sr. Cost Analyst: International Industrial Manufacturing Company ($4+ Billion Annual Sales)

Cost analysis and contract negotiations for multi-year contracts in excess of $30 Million.

Designed reporting system that tracked $18 million in cost savings from 259 different initiatives at 49 international locations for a Fortune 500 manufacturer.

INTERNATIONAL PAPER CO International Paper Products Company ($24 Billion Annual Sales)

Senior Financial and Operational Auditor (75-100% travel) May 1993 to June 1997

PUBLIC ACCOUNTING / FINANCIAL PLANNING – A. Schieffer & Co. Atlanta, GA and Carter, Belcourt & Atkinson, Lakeland FL, Auditor May 1988 to May 1993

US NAVY - Aviation Electronics Technician January 1983 to January 1987

SOFTWARE EXPERTISE:

Experienced with ERP Systems SAP (FI/CO), MS Dynamics, QuickBooks, Peachtree, Xero.

Microsoft Certified Office Master Instructor -Expert MS Access, Excel, PowerPoint, and Word.

Microsoft Certified IT Professional, Microsoft Certified Technology Specialist.

CREDENTIALS AND EDUCATION

1994: Certified Management Account

1992: Securities and Insurance Licenses

1990: MBA, Finance Georgia State University

1990: Certified Public Accountant – FL & GA

1988: BS Accounting, University of Alabama

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